Offer at a glance
- Maximum bonus amount: $150
- Availability:UT
- Direct deposit required: Yes, $300+
- Additional requirements: None
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: None listed
- Household limit: None
- Expiration date: None listed
Contents
The Offer
- Hercules First Federal Credit Union is offering a $150 bonus when you open a new checking account and complete the following requirements:
- Set up a direct deposit of $300 or more
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Regular checking has no monthly fees to worry about.
Early Account Termination Fee
I couldn’t find any EATF in the fee schedule.
Our Verdict
Don’t think the gold tier is required based on the terms, but it’s a bit hard to work out. If anybody goes for it please share your experiences below.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
